FAQ from the WINGS community
This week we’ve listed OS.University on the WINGS platform (a decentralised applications for Blockchain-based evaluation, funding and early adopter engagement). Many questions arose since our project was live on the website.
Below are the 3 most common questions about the OS.University project from the WINGS community:
1. What is the WINGS community forecasting?
2. How much did OS.University already raise?
3. Where is the smart contract with the reward (3% of the sold tokens) for the WINGS community?
1. What is the WINGS community forecasting?
The presale ends in less than 3 days, so things are pretty clear there for us, we want to forecast the main token sale (when we will have the Alpha of the platform released). It is planned to start on 4th of June and 30,000,000 EDU tokens of the total supply are allocated for sale. We did see a lot of comments like “great project, weak ICO environment” and so on, but we did analyse the market and it should get better and better in the next 40 days, signs of recovery are already observable in the crypto world and the ICO timing is discussed with top crypto advisors.
2. How much did OS.University already raise?
Regarding the this question, we did provide a mid-term update which is available in the Pitch Deck. We’d like clarify that most of the investments are from our partners and private investors who know about the project in details and trust us. Those funds are used to bring the product to market, onboard users and marketing. Even though the smart contract closes the public contributions round automatically on 30th of April, we will most probably still have ongoing negotiations with crypto funds and larger backers. After we close the last initiated deal, in a very transparent manner we will provide a detailed public update on how the presale went. Stay tuned!
3. Where is the smart contract with the reward (3% of the sold tokens) for the WINGS community?
We used the WINGS contract creator, which did not provide an option to send tokens to a specific address where the tokens will be locked. We do want to get a broader distribution of the EDU token, so that 3% is going to WINGS community. Currently the tech team is working on a solution for this after we’ve got in contact with them. Update on this point will follow shortly.
Side note. The contradictory part about all the crypto world where blockchain should have provided a trustless environment gave ground to one of the largest scammer schemes ever. This has potentially killed many good projects, and we are grateful to have the support of our local community to bring the OS.University platform to life.
